Oct 3, 2012 4:00pm PDT
has been a hot bed for patent law su.s now a group is trying to cut down on the litigation. hp, and seven other companies joined in this so called patent pool. this will combine patents so companies don't have to negotiate ip rights. and via says it hopes companies like apple will join in. and agreeing to combine t-mobile with metro pcs. this would have more than 42 million subscribers far behind rivals at and t and sprint. and with under the deal will own 74% of the company while metro pcs shareholders will receive $1.5 billion in cash. and applied materials says it plans to cut00 to 1300 jobs and there is a move expected to save about $140 million a year. the cuts come as applied materials customers struggle with growing demands z stocks finished up slightly higher. the broadest intex you're bloomberg silicon valley index ended up higher significantly so there. there is apple and google helping pull that up. there is apple asian suppliers started mass production on a smaller ipad. the "wall street journal" says lg display and auoptronics are making screens for the new device.